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Search Results 0 to 9 of about 10 (some duplicates have been removed)
political contributor the democratic strategist hilary rosen and the former u.s. senator from minnesota and former romney foreign policy adviser norm coleman. guys, thanks very much for coming in. the speaker just met with reporters on the hill. i'll play a little clip. this was his message. >> listen, hope springs eternal. the president can sit down with harry reid tonight and work with senate democrats who have the majority in the senate to move a bill. it's time for them to act. i've made this clear for months now. and yet we've seen nothing. >> now, he wants them, senator, to move legislation that passed in the last congress. the last congress is irrelevant right now. you need new legislation in order to pass a bill. >> wolf, what's not irrelevant is last congress we had the tax increase. so now it's spending cut time. the president doesn't want to to the spending cut. we had the tax increase -- >> right now, to avert this fiscal crisis we have right now, these forced spending cuts, you need a new bill. you can't use a bill from the old congress. >> the president -- you know what, a
away from those forced spending cuts that will cut across u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home? >> yes, ma'am. >> reporter: so you're n
. ♪ stay in the groove with align. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just defense spending. here's defense spending which is way
this, terrorists have put together a list of ways to avoid becoming the target of a u.s. drone attack. i'm wolf blitzer. you're in "the situation room." . >>> we begin with yet another sensational turn of events in the oscar pistorius murder case. after a week of shocking and sometimes heartbreaking testimony, pistorius is now out of jail. the one-time olympic athlete who is known worldwide as the blade runner still faces charges of murdering his girlfriend on valentine's day. cnn's robyn curnow is joining us. update our viewers, robin. >> reporter: hi there. thanks for having me. can you believe it, it's only eight days ago that oscar pistorius admitted to shooting his girlfriend on valentine's day. it's been such a roller coaster ride for all of us watching this tragedy, slowly learning about all of these new details and one part of the story which is certainly not over did come to some conclusion today as os star pistorius walked out of court and is spending the night at a family home. take a look at this. a media frenzy on a road at rush hour. cameras trying to see what's behind t
bin laden from the u.s. navy s.e.a.l. who took him out. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >>> all that coming up, but there's also developments happening right now in southern california. frayed nerves and a cold trail, as investigators search for the fired los angeles police officer christopher dorner who's declared war on the police, now wanted in the murders of three people. we're standing by for a news conference. the prosecutor is going to be giving us new information. let's check in with cnn's miguel marquez in los angeles for an update. do police have any serious clues right now? >> reporter: it's not for lack of trying. they are trying to create those clues. they say they have 600 clues that hundreds of investigators are trying to pile through. right now, people are very nervous across the entire state. nervous students return. schools finally reopened in big bear. >> there's a bad guy on the loose and we don't want to get shot by him. >> reporter: today, it's security, along with students. >> today we feel much better.
, the u.s. navy, cancelling the deployment of some other ships, cancelling some maintenance and pushing back some of the civilian contracts that they had signed. they say this is really just the tip of the iceberg, and down the road you could see a reduction in personnel. you could see training dramatically cut back in a lot of areas. >> chris, if these cuts do go into effect, they will be immediately felt or will be felt in the month his to come? >> reporter: this is going to be the toughest year, because critics will say look, once you get into year three, four and five, then the military will be able to dig in, cancel maybe some of the big contracts so that they can spread out the hurt a little more. the issue here is that pay and benefits take up about a third of the budget. you can't touch that with sequestration. also off limits are the wounded warrior program. they're not going to affect afghanistan that much. so to pull to make the cuts is smaller. and in a limited amount of time, you know, nine months left in a year, six months left in the fiscal year, they're going to have a v
Search Results 0 to 9 of about 10 (some duplicates have been removed)